Question 1

Differentiate between pure and partial electronic commerce. Provide examples of companies in each category.
Section reference 1: Overview of E-Business and E-Commerce

Accepted Answer

not answered

Question 2

Even though B2C EC is much larger by volume, B2B is more complex.

Accepted Answer

A) True 
 B)False  False

Question 3

Business-to-consumer applications comprise the majority of electronic commerce volume.

Accepted Answer

A) True 
 B)False  False

Question 4

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Accepted Answer

A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange 
A)  buy-side 
B)  sell-side 
C)  auctions 
D)  group purchasing 
E)  electronic exchange

Question 5

Forward auctions are auctions that sellers use as a channel to many potential buyers.

Accepted Answer

A) True 
 B)False

Question 6

Discuss the benefits and limitations of electronic commerce.
Section reference 1: Overview of E-Business and E-Commerce

Accepted Answer

The answer of Discuss the benefits and limitations of electronic...

Question 7

You decide to start a landscaping business called Trim Grass. You type HYPERLINK "http://www.TrimGrass.com"www.TrimGrass.com in a Web browser, and no page with that name appears. The domain name is therefore available.

Accepted Answer

A) True 
 B)False

Question 8

You can make a purchase in a referral mall.

Accepted Answer

A) True 
 B)False

Question 9

E-commerce affects only businesses that sell products online.

Accepted Answer

A) True 
 B)False

Question 10

Which type of electronic commerce does Amazon practice?

Accepted Answer

A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer- to-business 
D)  business-to-consumer 
E)  employee-to-business 
A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer- to-business 
D)  business-to-consumer 
E)  employee-to-business

Question 11

In ________ e-commerce, an organization provides information and services to its workers.

Accepted Answer

A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer-to-business 
D)  business-to-consumer 
E)  government-to-business 
A)  business-to-employee 
B)  consumer-to-consumer 
C)  consumer-to-business 
D)  business-to-consumer 
E)  government-to-business

Question 12

Refer to IT's About Business 7.2: The service offered by ZocDoc is

Accepted Answer

A)  Digital 
B)  Physical 
C)  Both 
D)  Neither 
A)  Digital 
B)  Physical 
C)  Both 
D)  Neither

Question 13

In _____, direct and indirect materials in one industry are purchased on an as-needed basis.

Accepted Answer

A)  horizontal exchanges 
B)  vertical exchanges 
C)  buy-side marketplaces 
D)  functional exchanges 
E)  sell-side marketplaces 
A)  horizontal exchanges 
B)  vertical exchanges 
C)  buy-side marketplaces 
D)  functional exchanges 
E)  sell-side marketplaces

Question 14

If you are an worker managing your fringe benefits over your company's intranet, you are engaging in _________ e-commerce.

Accepted Answer

A)  business-to-business 
B)  business-to-consumer 
C)  consumer-to-consumer 
D)  business-to-employee 
E)  government-to-citizen 
A)  business-to-business 
B)  business-to-consumer 
C)  consumer-to-consumer 
D)  business-to-employee 
E)  government-to-citizen

Question 15

_____ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digital form.

Accepted Answer

A)  Electronic checks 
B)  Electronic credit cards 
C)  Electronic cash transactions 
D)  Electronic wallets 
E)  Electronic debit cards 
A)  Electronic checks 
B)  Electronic credit cards 
C)  Electronic cash transactions 
D)  Electronic wallets 
E)  Electronic debit cards

Question 16

_____ auctions are the most common auction model for large purchases.

Accepted Answer

A)  Forward 
B)  Static 
C)  Reverse 
D)  Physical 
E)  Simple 
A)  Forward 
B)  Static 
C)  Reverse 
D)  Physical 
E)  Simple

Question 17

Refer to IT's About Business 7.5: eBay's updates to its business model involved the development of new technologies.
Answer. False
Section reference 1: IT's About Business 7.5
Difficulty Easy
Learning Objective 1: LO 7.0 Provide a real-world application of e-business and e-commerce
Question Type: Multiple Choice

Accepted Answer

The answer of Refer to IT's About Business 7.5: eBay's...

Question 18

_____ enable two individuals to transfer funds without using a credit card.

Accepted Answer

A)  Electronic checks 
B)  Stored-value money cards 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments 
A)  Electronic checks 
B)  Stored-value money cards 
C)  Purchasing cards 
D)  Smart cards 
E)  Person-to-person payments

Question 19

Discuss the various types of electronic commerce.
Section reference 1: Overview of E-Business and E-Commerce

Accepted Answer

The answer of Discuss the various types of electronic commerce.
Section...

Question 20

A _____ is automatically launched by some trigger and appears behind the active window.

Accepted Answer

A)  keyword banner 
B)  random banner 
C)  pop-up ad 
D)  pop-under ad 
E)  text box 
A)  keyword banner 
B)  random banner 
C)  pop-up ad 
D)  pop-under ad 
E)  text box

Differentiate between pure and partial electronic commerce. Provide examples of companies in each category. Section reference 1: Overview of E-Business and E-Commerce

Even though B2C EC is much larger by volume, B2B is more complex.

Business-to-consumer applications comprise the majority of electronic commerce volume.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Forward auctions are auctions that sellers use as a channel to many potential buyers.

Discuss the benefits and limitations of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

You decide to start a landscaping business called Trim Grass. You type HYPERLINK "http://www.TrimGrass.com"www.TrimGrass.com in a Web browser, and no page with that name appears. The domain name is therefore available.

You can make a purchase in a referral mall.

E-commerce affects only businesses that sell products online.

Which type of electronic commerce does Amazon practice?

In ________ e-commerce, an organization provides information and services to its workers.

Refer to IT's About Business 7.2: The service offered by ZocDoc is

In _____, direct and indirect materials in one industry are purchased on an as-needed basis.

If you are an worker managing your fringe benefits over your company's intranet, you are engaging in _________ e-commerce.

_____ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digital form.

_____ auctions are the most common auction model for large purchases.

_____ enable two individuals to transfer funds without using a credit card.

Discuss the various types of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

A _____ is automatically launched by some trigger and appears behind the active window.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security

Data and Knowledge Management

Networks

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Enterprise Resource Planning Systems

Customer Relationship Management and Supply Chain Management

Crm and Scm

Business Intelligence

Technology Guide 1 - Hardware

Technology Guide 2 - Software

Technology Guide 3 - Cloud Computing

Technology Guide 4 - Intelligent Systems

Filters

Exam 7: E-Business and E-Commerce

Differentiate between pure and partial electronic commerce. Provide examples of companies in each category. Section reference 1: Overview of E-Business and E-Commerce

Even though B2C EC is much larger by volume, B2B is more complex.

Business-to-consumer applications comprise the majority of electronic commerce volume.

In the _____ marketplace model, EC technology is used to streamline the purchasing process in order to reduce the cost of items purchased, the administrative cost of procurement, and the purchasing cycle time.

Forward auctions are auctions that sellers use as a channel to many potential buyers.

Discuss the benefits and limitations of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

You decide to start a landscaping business called Trim Grass. You type HYPERLINK "http://www.TrimGrass.com"www.TrimGrass.com in a Web browser, and no page with that name appears. The domain name is therefore available.

You can make a purchase in a referral mall.

E-commerce affects only businesses that sell products online.

Which type of electronic commerce does Amazon practice?

In ________ e-commerce, an organization provides information and services to its workers.

Refer to IT's About Business 7.2: The service offered by ZocDoc is

In _____, direct and indirect materials in one industry are purchased on an as-needed basis.

If you are an worker managing your fringe benefits over your company's intranet, you are engaging in _________ e-commerce.

_____ are a payment mechanism that are similar to regular bank checks but are transmitted electronically, with a signature in digital form.

_____ auctions are the most common auction model for large purchases.

_____ enable two individuals to transfer funds without using a credit card.

Discuss the various types of electronic commerce. Section reference 1: Overview of E-Business and E-Commerce

A _____ is automatically launched by some trigger and appears behind the active window.

Introduction to Information Systems

Organizational Strategy, Competitive Advantage, and Information Systems

Ethics and Privacy

Information Security

Data and Knowledge Management

Networks

Wireless, Mobile Computing, and Mobile Commerce

Social Computing

Enterprise Resource Planning Systems

Customer Relationship Management and Supply Chain Management

Crm and Scm

Business Intelligence

Technology Guide 1 - Hardware

Technology Guide 2 - Software

Technology Guide 3 - Cloud Computing

Technology Guide 4 - Intelligent Systems

Filters